Miami Dolphins quarterback Tua Tagovailoa, the 2023 NFL passing-yards leader, has officially received a sale-pending contract on his stunning lakefront mansion in Davie, Florida—listing at $3 million—marking a notable move in South Florida’s luxury real estate market. Let’s break down the details and market implications.

🏠 5,076 sq ft, 5 beds, 4.5 baths
🌊 Located in the well-known Long Lake Ranches gated community in Davie near Miramar
📆 Purchased in 2020 for $1.65 million, now listed for $3 million

Luxury features: soaring ceilings, designer finishes, in-home theater, outdoor summer kitchen, putting green, heated pool, and horseback trails within the community

Why This Matters for South Florida Luxury Market

• 🎯 Price Doubling in Five Years—Tua’s home holds a significant 81% increase since 2020, reflecting strong appreciation trends

• 📉 Cash Buyer Climate—Typical of high-end listings; with a 20% down payment financing at ~6.62%, the monthly mortgage sits near $15,300

• 🏡 Elite Community Amenities—Davie’s gated estates and amenities command premium pricing

The Personal Angle — Tua’s Next Steps

Despite sale rumors, Tagovailoa claims this is not related to career changes or health. He’s signed through 2028 with the Dolphins and reportedly will stay within South Florida—likely upgrading to a larger family-ready property.

What Buyers & Sellers Should Take Away

For Sellers

• Luxury homes in gated Davie communities continue to deliver high returns, especially those with top-tier amenities and finishes.

• Listing strategies: Price vs. value matters—Tua’s property shows strong appeal and pricing confidence.

For Buyers

• Look for high-end lakefront homes with resort-style extras—they're in demand.

• Be prepared with cash or strong financing, as competition remains robust.

Sales in Davie & Miramar — Local Market Insights

While this listing is in Davie, its proximity to Miramar means buyers and sellers across Broward are affected. Observations include:

• Scarcity of trophy homes with similar features

• Rising local pricing trends, echoing Davie’s high-end performance

• Investor interest, especially for cash-ready buyers and luxury buyers

Final Thoughts

Tua Tagovailoa’s sale-pending $3 million mansion underscores a rise in high-end South Florida real estate—especially in Davie and surrounding areas like Miramar. Sellers with trophy listings can expect strong market demand and appreciation. Buyers: come ready with cash or strong financing to compete.

If you’re thinking of selling or buying a luxury home in Davie, Miramar, or Pembroke Pines, reach out to Stefan The Listing Broker for expert advice and personalized support.